| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.76M | 5.45M | 7.47M | 4.83M | 3.67M | 3.50M |
| Gross Profit | 1.04M | 1.57M | 1.07M | 454.29K | 663.58K | 914.10K |
| EBITDA | -1.34M | -620.11K | -1.77M | -2.66M | -372.57K | -1.16M |
| Net Income | -1.39M | -684.13K | -1.81M | -2.75M | -448.86K | -1.37M |
Balance Sheet | ||||||
| Total Assets | 828.13K | 995.54K | 1.80M | 3.70M | 3.06M | 581.28K |
| Cash, Cash Equivalents and Short-Term Investments | 107.00K | 9.70K | 702.99K | 650.06K | 2.17M | 1.88K |
| Total Debt | 335.18K | 227.62K | 137.50K | 1.56M | 0.00 | 911.81K |
| Total Liabilities | 4.58M | 3.78M | 4.11M | 5.14M | 2.15M | 6.33M |
| Stockholders Equity | -3.75M | -2.79M | -2.30M | -1.44M | 904.30K | -5.75M |
Cash Flow | ||||||
| Free Cash Flow | -676.02K | -1.85M | -384.77K | -2.17M | -3.81M | -379.82K |
| Operating Cash Flow | -655.53K | -1.83M | -374.01K | -1.48M | -3.64M | -379.82K |
| Investing Cash Flow | -20.49K | -20.49K | 83.10K | -688.73K | -178.07K | 0.00 |
| Financing Cash Flow | 652.56K | 845.00K | -127.50K | 653.75K | 5.98M | 336.07K |
Solar Alliance Energy Inc. reported a challenging second quarter of 2025, with revenue and profitability impacted by severe weather conditions in Kentucky and uncertainties surrounding U.S. renewable energy policies. Despite these setbacks, the company is strategically transitioning to larger commercial solar projects and enhancing its business development capabilities to capitalize on increasing demand for solar energy. The company is optimistic about future growth, driven by its competitive advantage in regional solar projects and the rising interest in solar solutions for small and medium-sized businesses in rural areas.
Solar Alliance Energy Inc. announced the resumption of trading on the TSX Venture Exchange following the resolution of a cease trade order. The company is poised to benefit from renewed demand for solar systems due to recent legislative changes and is strategically positioned to execute larger projects, which could significantly boost its revenues and financial stability.